We’re real estate investors who buy houses with cash, as-is. We don’t make you repair defects, and we don’t have to get financing. We just put cash on the table and pay you for your house. So when do we need to close?
If you’re trying to sell your home quickly without much hassle, the company like 72SOLD is right up your alley. But there are a number of alternatives on the market. It’s important to consider whether a company is trustworthy, the types of property it focuses on, and how it compares to competitors. Below is an all-encompassing review of 72SOLD. We’ll cover absolutely everything. You will see their coverage in the Western U.S. and beyond. Also, you will see how to sell, how long it takes to get paid, and ratings culled from reputable third-party sources like Google, BBB, and Yelp.
When considering any real estate service, especially one that promises a fast and straightforward sale, the question of legitimacy is front and center. So, is 72SOLD legit? Based on extensive research, the answer is yes, with some nuances to keep in mind. 72SOLD has established itself as a reputable company in the iBuyer and home-sale industry. They are a BBB-accredited business with an A+ rating. 72SOLD also has an impressive 5/5 stars average rating drawn from about 60 customer reviews. The Better Business Bureau also notes that over the past three years, only five complaints have been recorded. And none were closed in the last 12 months. This record suggests that any issues are being resolved promptly and effectively.
They are rated a near-perfect 4.8 stars on Google reviews from 2022 reviews. But they also have a whopping single 1.0-star review on Yelp. That’s quite the difference, but it may be the result of one-off issues or different review site cultures. In the end, it’s safe to say that most customers appear more than satisfied. Bu,t we’d advise you to consider all your options. Also, understand that every company might have a few one-off issues that don’t reflect its overall picture.
72SOLD buys a wide range of properties. Their streamlined offer process is designed with speed in mind. This experience tends to attract homeowners who want to offload their property as quickly as possible. 72SOLD tends to focus their efforts on a few key property types: Single-family homes Most of their business occurs with single-family homes. This staple property is the focus of most 72SOLD transactions.
If you own a property that’s especially unique or specialty-driven, it may be a good idea to connect with their team for an initial conversation.
Western U.S. and Nationwide 72SOLD has a robust presence in the Western United States. It is a location where many homeowners prioritize speed and simplicity in their sales. Their roots are strongest in the West. They also have other operations, and we generally do not recommend prioritizing geographic coverage when selecting a cash home buyer.
This expansion shows 72SOLD’s flexibility and drive to meet sellers’ needs in each market, no matter where they are.
The selling process with 72SOLD is straightforward and efficient. If you’re considering selling your property, here’s a breakdown of what you can typically expect:
By simplifying the complexities of real estate transactions, 72SOLD provides a streamlined solution for sellers seeking speed and certainty.
One of the biggest selling points of working with 72SOLD is the promise of a quick payout. Because their process is to circumvent the traditional (often time-consuming) home sale process. Many sellers can expect to receive cash offers shortly after an evaluation.
Some payout details include:
The fast payout option is perfect for homeowners who value speed and convenience over getting the absolute highest price they could potentially secure in a traditional market sale.
Customers ratings and reviews are vital for any home-selling customers. Here is a brief 72SOLD overview of customers. It is according to various websites:
Google: 72SOLD Google rating is 4.8 with 2022 reviews. Google reviews suggest that most customers are happy with the overall home selling process. The clients are fine with the speed, efficiency, and professionalism of the home-selling process. The process is straightforward. It ensures that customers have an easy way of selling their homes with offers being transparent.
BBB: 72SOLD is a Better Business Bureau (BBB) accredited business with an A+ rating. Customer review ratings average to 5/5 stars with 60 reviews. 72SOLD has had minimal complaints from within the last 3 years and resolves any issues swiftly. These reviews also suggest the 72SOLD have most customers satisfied with the overall selling process.
Yelp: The 1.0 star rating on Yelp (1 review) stands out compared to 72SOLD reviews and ratings on other review platforms.
Typically, an experience such as this will only reflect one side of the story, when reading reviews on platforms like Yelp is important to understand that negative experiences are more likely to be based more on personal circumstances and a breakdown of communication, this individual circumstance does not reflect the overall customer satisfaction that 72SOLD has achieved.
The prevalence of mixed reviews shows the need to consult multiple sources before settling on a decision. Given this, despite the fact that the vast majority of reviews appear to be overwhelmingly positive, potential sellers should always do their own homework.
The iBuyer space and fast-sale real estate services experience substantial growth in recent years. Some of the direct competitors to 72SOLD include:
Opendoor: One of the biggest iBuyers in the market, Opendoor provides similar fast-sale services with national reach. Their platform supports automation. However, sellers have often complained that the impersonal nature of selling through Opendoor is to a significant detriment. Offerpad: Also similar to 72SOLD, Offerpad provides quick, cash-based buyouts of homes. They emphasize flexibility in closing dates, and often compete in similar markets in the western United States.
Zillow Offers: While Zillow has sought to reduce its direct-buy program in recent years, in regions where it is still active its service often competes with 72SOLD, leveraging Zillow’s strong online presence and data-driven offers.
Local iBuyer Programs: In some markets, small, locally-operated iBuyer services will also offer direct competition to 72SOLD, typically offering more personized service than larger companies, although at a smaller scale and reach.
In comparing 72SOLD to the biggest iBuyers in the game, Opendoor and Offerpad, several key points emerge:
In the end, each of 72SOLD’s competitors offer an alluring set of benefits and potential cons, 72SOLD manages to strike a niche between speedy closing and a more personalized experience devoid of many hidden fees.
72SOLD may be a great move for your home sale, but it’s still best to look at all of your options: Traditional real estate agents: Want top dollar and are not in a rush? You might want to consider listing your home with a real estate agent. While the process is much longer, it can often result in a higher final sale price.
Other iBuyer services: There’s no harm in comparing offers. Major iBuyers such as Opendoor and Offerpad are worth looking into, along with any local iBuyer programs. Each may have different strengths, such as a higher offer price, a faster overall process, or a better customer service experience.
For Sale By Owner (FSBO): If you’re an experienced seller with excellent negotiation skills, selling by yourself could bring you more bang for your buck. The FSBO route can be much more involved and time-consuming, though. Auctions or short sales: If you’re in need of a fast home sale or a home is headed toward foreclosure, pursuing auctions and short sales could prove advantageous. Each of these options is more complex than selling through a platform like 72SOLD. You should seek professional consultation to best weigh your options.
So, is 72SOLD a good company to sell your home to? That largely depends on your specific needs and what you’re looking for. If you’re looking for cash in a hurry at a guaranteed price, without the potentially long wait and work of the traditional market, 72SOLD appears to be a very solid option. It certainly helps that the company’s credibility has the back of BBB accreditation as well as hundreds of positive Google reviews. So most users do seem happy with the service they’ve received.
Still, if selling your home for the absolute highest price available is important to you and you don’t have time constraints, there’s an argument to be made that you could check out what a traditional sales channel might offer or pull some competition into the mix by getting multiple iBuyer offers. In other words, while a deal’s speed and ease is often a huge boon, it can work against getting a premium price, too.
Before you decide to move forward, we recommend that you: Get a customized analysis: Contact 72SOLD to get an initial analysis of your home. Having more options in hand to compare can give you a better idea to see if it is the right fit for you. Read many customer reviews: Most reviews about the service are positive, but it can be helpful to cross-check why other people have had negative experiences so you don’t end up going in with overly optimistic expectations. Weigh the pros and cons: How important is a fast, headache-free sale to you compared to possibly receiving a lower offer than you’d get by listing on the open market?
Overall, 72SOLD is a legitimate and viable real estate option for many home sellers-particularly those who need to complete a home sale quickly. There are several benefits to working with them, from their quick and efficient process to positive customer reviews overall to their reputation. But just like any major financial decision, make sure to do your research and see what your different options are beforehand.
Choosing the right route to sell your home is a critical decision that should factor in timing, convenience, and financial expectations. 72SOLD offers an attractive proposition for those who prioritize a quick, hassle-free process over maximizing sale price. With its proven track record, particularly in the Western U.S., and a solid framework for customer service as evidenced by high Google and BBB ratings, 72SOLD has earned its place in the competitive landscape of home buying services.
If you need a quick sale with cash upfront, and don’t mind accepting a potentially lower offer for the sake of speed and certainty, 72SOLD is a good option. However, if you’re willing to go the traditional route or are looking to solicit the highest possible offer from multiple buyers, other options may offer a better price.